A 529 plan is a higher education savings plan, which derives its name from the section 529 of the Internal Revenue Code. As college education and tuition fees grow costlier year on year, many parents invest in these plans to assure their children of good education. However, there are some downsides to these plans, which need to be considered before you make an investment. [Read more…]
How Good Is a 529 College Savings Plan?
Recent years have heard a lot of noise about the 529 college savings plan. They have been proclaimed as the answer to student’s needs to be able to provide a great way to save money for college education. The question has to be asked, “Just how good is the 529 college savings plan?” [Read more…]
